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Tag: business

Posted on 08/10/2022

US warned Hong Kong against providing a ‘safe haven’ for sanctioned oligarchs after a $500 million superyacht docked in the city’s harbor

A US state department spokesperson told the FT Hong Kong's harboring of the sanctioned yacht called into question its business environment. ( read original story ...)

Posted on 08/10/2022

Superyacht linked to Russian billionaire mysteriously shows up in Hong Kong

By Michelle Toh, CNN A megayacht linked to a sanctioned Russian oligarch has dropped anchor in Hong Kong, amid efforts by the West to seize the luxury assets of Russian elites in allied ports as the ... ( read original story ...)

Posted on 07/10/2022

Sanctioned Russian billionaire’s $500 million superyacht leaves Russia after 7 months to sail to Hong Kong

Nord, owned by Russia's third-richest person Alexei Mordashov, was anchored in Russia until September 28 when it set sail for Hong Kong. ( read original story ...)

Posted on 07/10/2022

Yacht owned by sanctioned Russian tycoon docks in Hong Kong

A superyacht connected to Russian tycoon Alexey Mordashov has anchored in Hong Kong this week amid moves by Western governments to seize yachts connected to sanctioned Russian businessmen. ( read original story ...)

Posted on 07/10/2022

Hong Kong Plans to Fly in 500,000 Tourists for Free

Two years after imposing restrictions that limited arrivals exclusively to residents, Hong Kong finally announced an easing at the end of September. Within hours of the announcement, the Cathay ... ( read original story ...)

Posted on 07/10/2022

‘Business travellers to be targeted in Hong Kong’s airline ticket giveaway’

Business travellers are expected to be among the groups targeted in Hong Kong’s plan to give away 500,000 airline tickets to lure tourists, industry leaders have said, while urging authorities to ... ( read original story ...)

Posted on 06/10/2022

Hong Kong gov’t urged to help ice factory, businesses and residents hit by housing plan

Self-proclaimed non-establishment party Third Side has urged the Hong Kong government to help rehouse businesses and villagers who will be displaced by a proposed public housing development in Tuen ... ( read original story ...)

Posted on 06/10/2022

First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns

The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. ( read original story ...)

Posted on 06/10/2022

Hong Kong to give away 500,000 airline tickets next year as part of global campaign to revive tourism

Chief Executive John Lee Ka-chiu is already under pressure from business groups and industry leaders to provide a road map outlining Hong Kong’s return to normality, including the lifting of all entry ... ( read original story ...)

Posted on 06/10/2022

China’s space recruitment drive: One small step for Hong Kong, one giant leap for the economy?

That China's space programme will launch a recruitment drive in Hong Kong can inspire society, including its academic, business and technology elites, to prioritise STEM education With government ... ( read original story ...)

Posted on 06/10/2022

Hong Kong shares soar 5%, leading Asian market gains

The Hang Seng in Hong Kong rose 5.3% to 17,988.86, catching up with gains elsewhere as markets reopened following a holiday Tuesday. Markets in mainland China remained closed for a holiday. Japan's ... ( read original story ...)

Posted on 05/10/2022

Hong Kong ice factory supplying 30% of local catering businesses fears closure due to public housing development plan

An ice factory that supplies ice to 30 per cent of Hong Kong food and beverage businesses faces an uncertain future as it has to make way for public housing development plans. Hang Chan, the executive ... ( read original story ...)

Posted on 05/10/2022

Hong Kong Stock Market Overdue For Support On Wednesday

(RTTNews) - Ahead of Tuesday's holiday for National Day, the Hong Kong stock market had turned lower again - one session after snapping the two-day slide in which it had stumbled almost 700 points ... ( read original story ...)

Posted on 05/10/2022

Hong Kong’s Kerry Logistics aims to ‘improve standards’ at homes for elderly with soon-to-be-launched food and medical supplies platform

Kerry Logistics plans to roll out the 'centralised platform' within the year, executive says Firm already operates Kerry Pharma, which provides logistics services to healthcare clients, and Kerry ... ( read original story ...)

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